Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) Interest Coverage: 0.33 (As of Mar. 2026) — 83% Below Median

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IST:HRKET Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS IST:HRKET
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What is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage?

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS IST:HRKET -2.53% 10 Interest Coverage is 0.33 as of Mar. 2026, which is 83% below its 10-year median of 1.96. GuruFocus rates IST:HRKET with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks worse than 86.09% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Operating Income for the three months ended in Mar. 2026 was ₺9 Mil. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-29 Mil. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's interest coverage for the quarter that ended in Mar. 2026 was 0.33. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS interest coverage is 1.62, which is low.

The historical rank and industry rank for Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage or its related term are showing as below:

IST:HRKET' s Interest Coverage Range Over the Past 10 Years
Min: 1.37   Med: 1.96   Max: 6.85
Current: 1.62


IST:HRKET's Interest Coverage is ranked worse than
86.09% of 1359 companies
in the Construction industry
Industry Median: 7.94 vs IST:HRKET: 1.62

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS  (IST:HRKET) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage Related Terms


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage Chart

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
2.39 1.37 6.85 1.96 1.54

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 0.00 1.06 7.20 0.33

IST:HRKET vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage falls into.


IST:HRKET
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Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS IST:HRKET
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Expense was ₺-189 Mil. Its Operating Income was ₺292 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺2,176 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*292.152/-189.128
=1.54

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Expense was ₺-29 Mil. Its Operating Income was ₺9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺2,366 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*9.464/-28.811
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.33 mean?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) has a Interest Coverage of 0.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS and its competitors. This is 83% below median its historical median of 1.96. Over the past decade, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage has ranged from 1.37 to 6.85. According to the industry distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1170 out of 1359 companies in the Construction industry, placing it in the top 86.1%.
Is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage too high?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current Interest Coverage of 0.33 is 83% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 6.85. The Construction industry median Interest Coverage is 7.94. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's value of 0.33 is 95.8% below this industry median. Based on the distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1170 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1170 out of 1359 companies for Interest Coverage. This places Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS in the lower half of its industry. The industry median Interest Coverage is 7.94. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's value of 0.33 is 95.8% below this benchmark. Historically, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's own Interest Coverage has ranged from 1.37 to 6.85 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 7.94, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current Interest Coverage of 0.33 is 95.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current Interest Coverage is 0.33, which is 83% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS stock overvalued right now?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) has a current Interest Coverage of 0.33. The current Interest Coverage is 0.33, which is 83% below median its 10-year median of 1.96 and 95.8% below the Construction industry median of 7.94. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's overall GF Score™ is 10/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET), the current Interest Coverage is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Business Description

Address Eyup Sultan Mh. Sekmen Cd. No: 28, Sancaktepe, Istanbul, TUR
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS is a company whose main activities consist of project transportation, crane and equipment rental, assembly, and storage services, including heavy load transportation in the energy, petrochemical, oil and gas, infrastructure construction, and shipbuilding sectors, as well as installation, commissioning, and field testing of the equipment it uses. It is engaged in the provision of services, malfunction, maintenance, and repair activities.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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